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Casual Articles - The 7 Myths of Marketing a Service Business
Commercial Collections Billing Practices Advice in any organised activity.Swiftness is the key to collecting past due commercial accounts because commercial accounts depreciate more faster than consumer accounts.In creating and implementing a billing system, a credit grantor should recognize that time is the safest refuge of any debtor. The more time they are given, the less likely they are to pay. Hence, sales documents should be explicit about payment terms, return privileges, interest charges on overdue accounts, guarantee and service costs.Various Commercial Collection Programs UsedA series of letters used together with an account aging sheet or data printout will help to track slow-paying accounts.All systems should have an organized and mechanical follow-up of accounts at regular intervals, for instance, 30, 60 and 90 days past due.It is essential to establish regular billing and commercial collections procedures. Follow up on every account to the point where contact—or lack of contact—with the customer indicates some alternative action should be taken.Help Commercial Collect And to me, that's the essence of a marketing plan - a blueprint for organising your marketing activities. It doesn't have to be high-falutin' or fancy, or be filled with marketing-jargon, but what it does need to do is focus resources on specific action steps that need to be taken to achieve specific goals. There's a world of difference between carrying ideas around in your head, and writing them down into an organised plan of action. If you don't have a written marketing plan, then I urge you to consider this: research suggests that businesses that create a written marketing plan increase their revenue by about 30% after having created one. Myth 7: External marketing help is expensive If you enlist the help of what I refer to as "traditional" marketing consultants, then it probably is expensive. You're probably looking at thousands down in one shot, rather than hundreds and probably no guarantees of success. It's quite possibly a stark choice between taking the family on holiday, or paying for your PR or marketing consultant. If giving up your family holiday doesn't appeal, then you may choose to go down the route of taking training courses, reading books, attending seminars, enrolling on e-courses and all manner of other self-study options. The problem with all of this, is that there is rarely any hands-on, customised support for you and your business. And, there's no accountability - or as I like to say - a friendly kick in the pants to keep you Pallet Storages Myth 1: Marketing is a cost, not an investmentPallets are stands or platforms that are used for storage and transportation of goods. They are used particularly in industrial applications like export of chemicals, grains, pharmaceuticals, perishables, and others. There are different kinds of pallets, according to the application: rackable pallets, non-rackable pallets, static/ dynamic and light /medium /heavy /extra-heavy pallets, printers pallets, double-sided pallets, four-sided pallets, shuttle pallets, newspaper pallets, roll cradle pallets, pharmaceutical pallets, reinforced pallets, etc. Pallets can be made of either plastic, cardboard, or wood. Pallets come in different sizes, most commonly 800mm x 1200mm and 1000mm x 1200mm. There are also many different designs that can be customized as per user requirements. Pallets should be ideally FDA/UDSA compliant, UL fire rated, hygienic and easy to clean.These days, pallets are being manufactured using very advanced technologies to make them stronger and more durable. Some pallets are also insulated, which makes them ideal for storing peri When you spend time and money randomly on marketing, then it probably is an expense because you're not generating a return on the resources invested in it. Many people make the mistake of emulating the marketing tactics of large companies (such as image advertising) that just don't produce good returns for small businesses. The fact of the matter is that small businesses have to produce BETTER marketing than large businesses because they can't afford to make mistakes by dropping hundreds or even thousands of pounds/dollars onto campaigns that don't work. What often happens is that business owners spend lots of money on ineffective campaigns, then erroneously conclude that marketing is an expense, or not worth doing at all. However, the secret to marketing success is to create a marketing system. A system of activities, strategies, tactics and automation that reliably and predictably create measurable results and positive ROI. I call this the "marketing slot machine". It's a slot machine that for every ?1/$1 you put in, you get ?1.50, or ?2 or ?5 or more back out. Once you've created this system (which requires a small amount of experimentation and testing), you should be able to turn it on and off at will, and invest as much as you can to gain maximum returns. Myth 2: Marketing is expensive Marketing is only expensive (and therefore an expense rather than an investment) when it is either unaccountable or ineffective. There are myriad ways to market you business inexpensively that are highly effective, once you know how. The key is to understand the elements or variables that go into each activity or campaign, and how they affect the ultimate outcome. This is where most people go wrong, and that's why their marketing fails to produce the results that they'd hoped for. Often the message is weak or confusing, it's being sent to the wrong people, or they fail to follow up. Get the formula right, and marketing can be very inexpensive - I spend less than ?100 per month on marketing and I'm getting great results. Myth 3: Marketing means I have to be pushy and salesy Good marketing, done the right way is neither pushy nor salesy. It's a complete myth that pushy, "gift of the gab" people make the best sales people. Why? Because they spend most of the time talking about themselves or their products and then manipulating people into buying from them. Whilst this used to work, and still does occasionally, it often results in buyers remorse and a general sense of uneasiness on the part of the buyer. Much of the time it creates resistance and a feeling of wanting to run for the hills - have you ever felt like that? Ironically, the best marketers and salespeople are those who listen. They listen to what potential clients are saying and see if there's a match between what they offer and what the buyer needs. They build relationships and educate their prospects about how they can help them. The art is to get in front of people who have demonstrated a need or want for what you offer, and who will gladly learn more about what you do and how you can help them. Myth 4: Marketing produces instant results Some people believe that if they keep running their adverts/campaigns that they'll "increase their profile", and somehow, magically one day, a stampede of clients will come rushing to their door. I don't subscribe to that theory, because I believe that all marketing should produce a measurable result that can be observed in a fairly short time frame. If you're marketing efforts are not producing obvious, tangible results then you need to look at the elements that aren't working. Having said that, marketing is not something you can usually achieve overnight success in. It's somewhat like rolling a snowball down a hill - there's a cumulative effect and momentum increases over time. To create the cumulative effect and momentum requires sustained and consistent effort. Marketing isn't something you do occasionally, and then put on the back burner. It's something that you need to do constantly, bit by bit, in the same way that a sportsperson needs to train every day to be good enough for the Olympics. Myth 5: Once my diary is full, I can stop marketing It's human nature that once you've got some well-paying work you feel rather pleased with yourself, and focus most of your time on servicing your new clients. However, if you have a sales cycle that's usually more than a couple of weeks long, then you're going to come a cropper once the project finishes. Because if you don't continue to do your marketing whilst you're working on the project, then at the end of the project you may find that your sales pipeline is empty and you have to start up your marketing all over again. It may then be a number of weeks before people start to progress down your sales pipeline towards actually doing business with you. This is what is commonly referred to as the "feast and famine" syndrome. If you prefer to avoid these peaks and troughs of income producing activity, then you need to think about how you can do a little bit of marketing on a consistent basis. Even better - create a marketing system that easily and reliably entices prospects into your sales pipeline without huge amounts of effort from you. Myth 6: My business is small, so I don't need a marketing plan I tried some marketing plan software once. It asked me a lot of questions about market share, mission statements plus product, price, promotion and place. Great fun, if your mind likes to chew on such imponderables. As a graduate of a business studies degree I knew exactly what it was referring to, but had no idea how that was useful to a small business. And guess what - that's because it isn't! No wonder then, that most small businesses don't have written marketing plans, when traditional style marketing plans seem convoluted and esoteric. However, this doesn't mean that a marketing plan in your head is any better. The question is whether this results in any organised activity. And to me, that's the essence of a marketing plan - a blueprint for organising your marketing activities. It doesn't have to be high-falutin' or fancy, or be filled with marketing-jargon, but what it does need to do is focus resources on specific action steps that need to be taken to achieve specific goals. There's a world of difference between carrying ideas around in your head, and writing them down into an organised plan of action. If you don't have a written marketing plan, then I urge you to consider this: research suggests that businesses that create a written marketing plan increase their revenue by about 30% after having created one. Myth 7: External marketing help is expensive If you enlist the help of what I refer to as "traditional" marketing consultants, then it probably is expensive. You're probably looking at thousands down in one shot, rather than hundreds and probably no guarantees of success. It's quite possibly a stark choice between taking the family on holiday, or paying for your PR or marketing consultant. If giving up your family holiday doesn't appeal, then you may choose to go down the route of taking training courses, reading books, attending seminars, enrolling on e-courses and all manner of other self-study options. The problem with all of this, is that there is rarely any hands-on, customised support for you and your business. And, there's no accountability - or as I like to say - a friendly kick in the pants to keep you Building A Community Of New Middle Aged People ays to market you business inexpensively that are highly effective, once you know how. The key is to understand the elements or variables that go into each activity or campaign, and how they affect the ultimate outcome. This is where most people go wrong, and that's why their marketing fails to produce the results that they'd hoped for. Often the message is weak or confusing, it's being sent to the wrong people, or they fail to follow up. Get the formula right, and marketing can be very inexpensive - I spend less than ?100 per month on marketing and I'm getting great results.Yesterday in response to another article I had written about working at home for people in their fifties and sixties, I got a number of comments that others felt the same way about starting new careers and were using the Internet to do so. They seemed to be very happy to see that someone else held opinions similar to theirs and was attempting to do the same thing.Then it struck me that there must be a lot of people out their who are struggling with retirement and the wish to stay active, continue earning a living, and do something worthwhile and creative with their lives.It can seem pretty lonely when suddenly the job you have been doing for many years is no longer there, when you no longer have an office to go to, and when your normal daily work routine suddenly stops.It would be nice to know that many other people are going through the same type of lifestyle altering events. It would be nice to know what other people are doing to deal with this major change in their lives, how they are creating new careers, and what they are do Myth 3: Marketing means I have to be pushy and salesy Good marketing, done the right way is neither pushy nor salesy. It's a complete myth that pushy, "gift of the gab" people make the best sales people. Why? Because they spend most of the time talking about themselves or their products and then manipulating people into buying from them. Whilst this used to work, and still does occasionally, it often results in buyers remorse and a general sense of uneasiness on the part of the buyer. Much of the time it creates resistance and a feeling of wanting to run for the hills - have you ever felt like that? Ironically, the best marketers and salespeople are those who listen. They listen to what potential clients are saying and see if there's a match between what they offer and what the buyer needs. They build relationships and educate their prospects about how they can help them. The art is to get in front of people who have demonstrated a need or want for what you offer, and who will gladly learn more about what you do and how you can help them. Myth 4: Marketing produces instant results Some people believe that if they keep running their adverts/campaigns that they'll "increase their profile", and somehow, magically one day, a stampede of clients will come rushing to their door. I don't subscribe to that theory, because I believe that all marketing should produce a measurable result that can be observed in a fairly short time frame. If you're marketing efforts are not producing obvious, tangible results then you need to look at the elements that aren't working. Having said that, marketing is not something you can usually achieve overnight success in. It's somewhat like rolling a snowball down a hill - there's a cumulative effect and momentum increases over time. To create the cumulative effect and momentum requires sustained and consistent effort. Marketing isn't something you do occasionally, and then put on the back burner. It's something that you need to do constantly, bit by bit, in the same way that a sportsperson needs to train every day to be good enough for the Olympics. Myth 5: Once my diary is full, I can stop marketing It's human nature that once you've got some well-paying work you feel rather pleased with yourself, and focus most of your time on servicing your new clients. However, if you have a sales cycle that's usually more than a couple of weeks long, then you're going to come a cropper once the project finishes. Because if you don't continue to do your marketing whilst you're working on the project, then at the end of the project you may find that your sales pipeline is empty and you have to start up your marketing all over again. It may then be a number of weeks before people start to progress down your sales pipeline towards actually doing business with you. This is what is commonly referred to as the "feast and famine" syndrome. If you prefer to avoid these peaks and troughs of income producing activity, then you need to think about how you can do a little bit of marketing on a consistent basis. Even better - create a marketing system that easily and reliably entices prospects into your sales pipeline without huge amounts of effort from you. Myth 6: My business is small, so I don't need a marketing plan I tried some marketing plan software once. It asked me a lot of questions about market share, mission statements plus product, price, promotion and place. Great fun, if your mind likes to chew on such imponderables. As a graduate of a business studies degree I knew exactly what it was referring to, but had no idea how that was useful to a small business. And guess what - that's because it isn't! No wonder then, that most small businesses don't have written marketing plans, when traditional style marketing plans seem convoluted and esoteric. However, this doesn't mean that a marketing plan in your head is any better. The question is whether this results in any organised activity. And to me, that's the essence of a marketing plan - a blueprint for organising your marketing activities. It doesn't have to be high-falutin' or fancy, or be filled with marketing-jargon, but what it does need to do is focus resources on specific action steps that need to be taken to achieve specific goals. There's a world of difference between carrying ideas around in your head, and writing them down into an organised plan of action. If you don't have a written marketing plan, then I urge you to consider this: research suggests that businesses that create a written marketing plan increase their revenue by about 30% after having created one. Myth 7: External marketing help is expensive If you enlist the help of what I refer to as "traditional" marketing consultants, then it probably is expensive. You're probably looking at thousands down in one shot, rather than hundreds and probably no guarantees of success. It's quite possibly a stark choice between taking the family on holiday, or paying for your PR or marketing consultant. If giving up your family holiday doesn't appeal, then you may choose to go down the route of taking training courses, reading books, attending seminars, enrolling on e-courses and all manner of other self-study options. The problem with all of this, is that there is rarely any hands-on, customised support for you and your business. And, there's no accountability - or as I like to say - a friendly kick in the pants to keep you Put Magic In Your Ad Copy demonstrated a need or want for what you offer, and who will gladly learn more about what you do and how you can help them.Small things can make the difference between ad copy that sells and copy that drives prospects away. You’ll be amazed what a simple donation can do to boost your credibility.Here are some proven ways you can improve your ad copy and drive customers to your offer.Show your visitors that they are dealing with a ‘real’ person, not just a vague collection of streaming data. One quick way to do this is by handwriting some of the content on your page. Of course, you’ll want to be neat to make sure they can read it easily.It’s simple to do. Just write a small note on a sheet of white paper, scan it into your computer, and add the image to your site. If you don’t have a scanner, you might be able to photograph it with a digital camera and upload it.The best approach might be to use it at the start of your presentation as your way of saying, “welcome”. Be sure it reflects your personality – of being a friendly online business owner greeting your visitors at the door, smile and a handshake at the ready.A common practice is to Myth 4: Marketing produces instant results Some people believe that if they keep running their adverts/campaigns that they'll "increase their profile", and somehow, magically one day, a stampede of clients will come rushing to their door. I don't subscribe to that theory, because I believe that all marketing should produce a measurable result that can be observed in a fairly short time frame. If you're marketing efforts are not producing obvious, tangible results then you need to look at the elements that aren't working. Having said that, marketing is not something you can usually achieve overnight success in. It's somewhat like rolling a snowball down a hill - there's a cumulative effect and momentum increases over time. To create the cumulative effect and momentum requires sustained and consistent effort. Marketing isn't something you do occasionally, and then put on the back burner. It's something that you need to do constantly, bit by bit, in the same way that a sportsperson needs to train every day to be good enough for the Olympics. Myth 5: Once my diary is full, I can stop marketing It's human nature that once you've got some well-paying work you feel rather pleased with yourself, and focus most of your time on servicing your new clients. However, if you have a sales cycle that's usually more than a couple of weeks long, then you're going to come a cropper once the project finishes. Because if you don't continue to do your marketing whilst you're working on the project, then at the end of the project you may find that your sales pipeline is empty and you have to start up your marketing all over again. It may then be a number of weeks before people start to progress down your sales pipeline towards actually doing business with you. This is what is commonly referred to as the "feast and famine" syndrome. If you prefer to avoid these peaks and troughs of income producing activity, then you need to think about how you can do a little bit of marketing on a consistent basis. Even better - create a marketing system that easily and reliably entices prospects into your sales pipeline without huge amounts of effort from you. Myth 6: My business is small, so I don't need a marketing plan I tried some marketing plan software once. It asked me a lot of questions about market share, mission statements plus product, price, promotion and place. Great fun, if your mind likes to chew on such imponderables. As a graduate of a business studies degree I knew exactly what it was referring to, but had no idea how that was useful to a small business. And guess what - that's because it isn't! No wonder then, that most small businesses don't have written marketing plans, when traditional style marketing plans seem convoluted and esoteric. However, this doesn't mean that a marketing plan in your head is any better. The question is whether this results in any organised activity. And to me, that's the essence of a marketing plan - a blueprint for organising your marketing activities. It doesn't have to be high-falutin' or fancy, or be filled with marketing-jargon, but what it does need to do is focus resources on specific action steps that need to be taken to achieve specific goals. There's a world of difference between carrying ideas around in your head, and writing them down into an organised plan of action. If you don't have a written marketing plan, then I urge you to consider this: research suggests that businesses that create a written marketing plan increase their revenue by about 30% after having created one. Myth 7: External marketing help is expensive If you enlist the help of what I refer to as "traditional" marketing consultants, then it probably is expensive. You're probably looking at thousands down in one shot, rather than hundreds and probably no guarantees of success. It's quite possibly a stark choice between taking the family on holiday, or paying for your PR or marketing consultant. If giving up your family holiday doesn't appeal, then you may choose to go down the route of taking training courses, reading books, attending seminars, enrolling on e-courses and all manner of other self-study options. The problem with all of this, is that there is rarely any hands-on, customised support for you and your business. And, there's no accountability - or as I like to say - a friendly kick in the pants to keep you Smart and Practical Advertising Ideas a cropper once the project finishes. Because if you don't continue to do your marketing whilst you're working on the project, then at the end of the project you may find that your sales pipeline is empty and you have to start up your marketing all over again. It may then be a number of weeks before people start to progress down your sales pipeline towards actually doing business with you. This is what is commonly referred to as the "feast and famine" syndrome.Advertising exists to inform, instruct, and to influence consumers. It is a complicated type of communication that must go along with other business essentials and marketing basics to be profitable.The most tedious part of advertising is the conceptualization of the idea. Even experienced writers on this field sometimes get stuck for an idea.Check out the checklist below which can help out when you’re wedged for an idea. This can help you to come up with different strategies and possibilities for the headline and other elements of an advertisement.Make your message simple and easy to remember. Some people find it hard remembering others’ name, so pass up a complex ad message. For print ads, the more plain the headline is, the better.Stick to a pleasant style. Ads have different personalities. Get a pleasant style and keep on with it for at least one year, so that buyers will not get confused.Ensure that the ad appears to be professionally done. Being knowledgeable on computer graphics is of great advantage. Consider If you prefer to avoid these peaks and troughs of income producing activity, then you need to think about how you can do a little bit of marketing on a consistent basis. Even better - create a marketing system that easily and reliably entices prospects into your sales pipeline without huge amounts of effort from you. Myth 6: My business is small, so I don't need a marketing plan I tried some marketing plan software once. It asked me a lot of questions about market share, mission statements plus product, price, promotion and place. Great fun, if your mind likes to chew on such imponderables. As a graduate of a business studies degree I knew exactly what it was referring to, but had no idea how that was useful to a small business. And guess what - that's because it isn't! No wonder then, that most small businesses don't have written marketing plans, when traditional style marketing plans seem convoluted and esoteric. However, this doesn't mean that a marketing plan in your head is any better. The question is whether this results in any organised activity. And to me, that's the essence of a marketing plan - a blueprint for organising your marketing activities. It doesn't have to be high-falutin' or fancy, or be filled with marketing-jargon, but what it does need to do is focus resources on specific action steps that need to be taken to achieve specific goals. There's a world of difference between carrying ideas around in your head, and writing them down into an organised plan of action. If you don't have a written marketing plan, then I urge you to consider this: research suggests that businesses that create a written marketing plan increase their revenue by about 30% after having created one. Myth 7: External marketing help is expensive If you enlist the help of what I refer to as "traditional" marketing consultants, then it probably is expensive. You're probably looking at thousands down in one shot, rather than hundreds and probably no guarantees of success. It's quite possibly a stark choice between taking the family on holiday, or paying for your PR or marketing consultant. If giving up your family holiday doesn't appeal, then you may choose to go down the route of taking training courses, reading books, attending seminars, enrolling on e-courses and all manner of other self-study options. The problem with all of this, is that there is rarely any hands-on, customised support for you and your business. And, there's no accountability - or as I like to say - a friendly kick in the pants to keep you Stay At Home Moms No Longer Struggling To Make Ends Meet in any organised activity.It is hard to be a stay at home mom. You deal with a lot of pressures that most people would not understand. Aside from the cooking, cleaning and kids, you also have the feeling of inadequacy, if you are anything like me. I Love being able to stay at home with the children and I no longer mind the household chores, but I still feel like I am not holding my own. Im sure it's the independent me that strives to do it all. I want to do all that and still make my own money.How can you manage to do all of this? Simple! I am a stay at home mom with two, let me stress that TWO babies and I am on the go 18 hours a day. Somehow it just wasn't enough, so I decided to do what most moms are doing and started selling online. Many stay at home moms are exploring the opportunities available for them through the internet. There are a variety of fields. I chose to start an online business to sell my products, www.electronicsobsession.com . Once you have been in my shoes you will realize that adding something else to your life really isn't that muc And to me, that's the essence of a marketing plan - a blueprint for organising your marketing activities. It doesn't have to be high-falutin' or fancy, or be filled with marketing-jargon, but what it does need to do is focus resources on specific action steps that need to be taken to achieve specific goals. There's a world of difference between carrying ideas around in your head, and writing them down into an organised plan of action. If you don't have a written marketing plan, then I urge you to consider this: research suggests that businesses that create a written marketing plan increase their revenue by about 30% after having created one. Myth 7: External marketing help is expensive If you enlist the help of what I refer to as "traditional" marketing consultants, then it probably is expensive. You're probably looking at thousands down in one shot, rather than hundreds and probably no guarantees of success. It's quite possibly a stark choice between taking the family on holiday, or paying for your PR or marketing consultant. If giving up your family holiday doesn't appeal, then you may choose to go down the route of taking training courses, reading books, attending seminars, enrolling on e-courses and all manner of other self-study options. The problem with all of this, is that there is rarely any hands-on, customised support for you and your business. And, there's no accountability - or as I like to say - a friendly kick in the pants to keep you on track. It may also take you quite literally years of trial and error to find out what works for your business. And that's assuming that you even implement what you've learnt, which, sadly, most people don't. However, a new alternative has emerged in recent years - marketing mentoring or coaching. Rather than paying thousands to have a marketing consultant do it all for you, or struggling up the learning curve by yourself, you now have the option to work with a coach or mentor who can advise you, guide you and show you how to do your marketing for yourself. Plus they'll make sure you stay on track. If attracting more clients is important to you, and you haven't yet created your own "marketing slot machine" then I highly recommend you find a marketing coach who will help you create a marketing system that works for you. Copyright 2005 Attractioneering
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